Weekly Commentary | April 30, 2023

Apr 30, 2023

∙ Paid

Macro Picture

Stocks and bonds ended the week marginally higher after we got US inflation data that seems to be stuck at higher levels. US Core PCE came in at +4.6%, compared to estimates of +4.5%. More importantly than the actual number being a tenth above estimates was the fact that it confirms Core and "super core" inflation seems to be sticking at …

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